Aave is a decentralized financial protocol that enables people to lend and borrow crypto. It's one of the big winners on the first day of business this year with gains of almost 9% in the last 24 hours. If you are curious about where to buy AAVE now, you've come to the right place because we wrote this guide just for you.
What is AAVE?
Aave is an open source, non-custodial liquidity protocol for generating interest on deposits and loans. Depositors provide liquidity to the market for passive income, while borrowers are able to take out over-collateralized (perpetual) or under-collateralized (a block liquidity) loans. As part of the community, stakeholders actively contribute to the Aave Protocol and its governance.
Should I Buy AAVE Today?
We encourage you to conduct in-depth market research and read price forecasts before deciding to invest in AAVE. As promising as it may seem, it can reverse its profits faster than you can imagine
The Coin Price Forecast predicts Aave will trade for $ 317 by the end of 2022, which is + 21% in a year. In mid-2022, they expect $ 331 per 1 AAVE. In the first half of 2023, the AAVE price is expected to level off at USD 330. In the second half, it will potentially lose $ 44 and close the year at $ 286, up 4% from current price.
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